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20130101
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the healthcare laws, when they change the banking laws. in our fund investors don't have to worry about the rules being changed for an industry because we're trying to sidestep that. > > how do you plan to utilize this so-called "fiscal cliff" and possibly make money with your fund? > > the goal of the fund is to allow people to get most of the return of the s&p while taking half the risk, and right now we have a quarter of the correlation with the market. so, this is an ideal time to invest in the fund. when congress comes back into its lame-duck session, we will be flat when they are in session. but there's a lot of risk in this lame-duck session. the fiscal cliff is not resolved, i don't think it's going to be resolved during the lame-duck session. asia seems to have economic slowing problems, and maybe a little saber rattling - the same for the mideast. it's really kind of a dangerous time in the market, and this is a fund that is unusually low- volatility, low beta fund, so it's a place where you can get some relative safety. > > eric singer. thanks for joining us today. > > thank you. we ar
." on this day, the action came from a family shopping for their future daughter-in-law. "they bought a mongol sutra with earings, a necklace with earrings and another chain. turns out to be about 216,000 indian rupees." at today's exchange rate, that buy translates to more than $4,000 in gold. and while not every indian can afford that kind of outlay, all families will need to buy some gold when their children get married. "if from the lady's side they don't come up with the gold, there's going to be a problem. so they have to buy a lot of gold. they don't have a choice." > > everyone? "everyone. believe me everyone." more than just a gift, gold is valued as a safe investment, and for its liquidity. "you have gold, you can sell it into the marketplace and grab the money. it's so easy." the new shipping complex behind me in the southern city of kochin represents the booming economy. and with growth projections here as high as 7% for the year, the expanding indian market for goal could push prices past $2500 an ounce. "buy it, keep it, buy 24-carat gold, put it in a locker, and when you need mo
Search Results 0 to 1 of about 2